https://www.taxtmi.com/caselaws?id=410123 The court ruled in favor of the assessee in an income tax appeal concerning deductions under Section 10B for exports made through third parties. The court allowed the appeal, quashing the tribunal's order, and held that exports through third parties should be deemed exports, entitling the assessee to Section 10B deductions. The court also emphasized the importance of considering relevant legal precedents, including decisions of the Jurisdictional Karnataka High Court, in reaching its decision. The judgment primarily focused on issues related to deductions for exports and compliance with legal precedents, without providing detailed analysis on the charging of interest under section 234 C of the Act. en-us Tue, 13 Jul 2021 00:00:00 +0530 Fri, 23 Jul 2021 12:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410123 The court ruled in favor of the assessee in an income tax appeal concerning deductions under Section 10B for exports made through third parties. The court allowed the appeal, quashing the tribunal's order, and held that exports through third parties should be deemed exports, entitling the assessee to Section 10B deductions. The court also emphasized the importance of considering relevant legal precedents, including decisions of the Jurisdictional Karnataka High Court, in reaching its decision. The judgment primarily focused on issues related to deductions for exports and compliance with legal precedents, without providing detailed analysis on the charging of interest under section 234 C of the Act. Case-Laws Income Tax Tue, 13 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410123